Trade Tensions Weigh on Industries’ Prospects
Canada’s trade war with the United States and China will largely influence the outlook for many industries across our country. Export-oriented manufacturers, in particular, will bear the brunt of a U.S. trade policy that has been all over the place since the beginning of 2025. While manufacturers will be hit hard, the conflict will spill over into other sectors. Consequently, some resource sectors, as well as construction and service-producing industries, will also get pinched by the Canada-U.S. trade tensions.
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